Monday, November 3, 2008

Pre-Market Future Little Changed

Good Morning! Pre-market futures are little changed this morning. They were up but have now turned slightly negative as of this writing. This week should be really interesting with the election tomorrow. Oil continues to slid and gold has seen some strength. With all the rate cuts happening around the world, it will be hard to trade currencies this week. I still think that the dollar is way over-bought but I will wait for even better opportunities to enter a short position later on. Happy Trading!